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Peapack-Gladstone Financial Corporation

PGCFinancial ServicesNASDAQ

Banks - Regional

PriceMA150MA200
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Financials · Annual
Revenue
$275.9M
+23.8% YoY
Net Income
$37.3M
+13.2% YoY

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About Peapack-Gladstone Financial Corporation

Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack Private Bank & Trust that provides private banking and wealth management services in the United States. The $770.9M market capitalization puts PGC squarely in small-cap range for its industry. The company operates in two segments, Banking and Wealth Management.

Key stats
Market Cap$770.9M
P/E (TTM)17.62
Fwd P/E9.12
EPS$2.47
Beta0.72
52W Change+58.7%
Dividend Yield0.46%
ROE6.6%
Analysis

The balance sheet looks solid with $264.5M in cash comfortably exceeding the $114.4M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. ROE of 6.6% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 0.6% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $237.5M to $275.9M.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Peapack-Gladstone Financial Corporation and its sector.

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